At the ends, the Sensex was down 310.51 points at 35498.44, while Nifty was down 83.40 points at 10641. About 881 shares have advanced, 1667 shares declined, and 156 shares are unchanged

Bharti Infratel, ONGC, Zee Entertainment, Tata Motors and Axis Bank were the top gainers on the Nifty, while losers were Indiabulls Housing, TCS, Bajaj Finserv, Reliance Industries and Yes Bank.

All the sectoral indices ended in red led by FMCG, IT, metal, pharma, auto, bank and infra.

Market Update: Indian indices are trading lower in the afternoon trade with Nifty hovering around 10,650 level.

The Sensex is down 240.88 points at 35568.07, while Nifty is down 65.60 points at 10658.80. About 809 shares have advanced, 1535 shares declined, and 112 shares are unchanged.

Market Update: Indices are at day's low. Sensex is down 238.76 points or 0.67% at 35570.19, and the Nifty down 75.70 points or 0.71% at 10648.70. About 722 shares have advanced, 1,356 shares declined, and 99 shares are unchanged.

Market at pre-open: Indian indices are flat in the pre-opening with Nifty holding above 10,700 level.

The Sensex is up 38.76 points at 35847.71, while Nifty is down 8.80 points at 10715.60.

Tech Mahindra, Dr Reddy's Lab, Eicher Motors, Bajaj Auto are among major gainers in the pre-opening session, while KPIT Tech and Yes Bank down 10 percent.

Oil hits 3-month high: Oil prices rose to their highest levels since November last year on Monday, lifted by OPEC-led supply cuts and US sanctions on Iran and Venezuela.

Asian markets trade higher: Asian share markets firmed on Monday as investors dared to hope for both progress at Sino-US trade talks in Washington this week and more policy stimulus from major central banks.

SGX Nifty: Trends on SGX Nifty indicate a positive opening for the broader index in India, a gain of 22 points or 0.20 percent. Nifty futures were trading around 10,776.50-level on the Singaporean Exchange.

Wall Street ends higher: Wall Street rallied on Friday, with the Dow and the Nasdaq posting their eighth consecutive weekly gains as investors grew hopeful that the United States and China would hammer out an agreement resolving their protracted trade war.